Statement from the NBS Bank Board’s 14th meeting of 2018

03. 07. 2018 | Press Release of the NBS

The Bank Board of Národná banka Slovenska today (3 July) held its 14th meeting of 2018, chaired by Jozef Makúch, the NBS Governor.

The Bank Board approved NBS's July 2018 Quarterly Commentary on Macroprudential Policy.

On 3 July 2018 the NBS Bank Board adopted a Decision under which the countercyclical capital buffer (CCyB) rate will be increased to 1.50% from 1 August 2019. The main reason for the rate increase is to strengthen the banking sector's resilience at a time of continuing excessive credit growth.

The CCyB rate for Slovak exposures set by the Bank Board is as follows:

Period of application

Rate

1 August 2017 - 31 July 2018

0.50%

1 August 2018 - 31 July 2019

1.25%

1 August 2019 -

1.50%

The Bank Board approved the notification of the issuance of a €10 silver collector coin commemorating the 100th anniversary of the establishment of the Czechoslovak Republic.

The euro collector coin is made of an alloy comprising 90% silver and 10% copper; it weighs 18 g and has a diameter of 34 mm.

Designed by Zbyňek Fojtů and produced by the Kremnica Mint in Slovakia, the coin is due to go on sale in October 2018.

Jana Kováčová
Head of the Communications Section

National Bank of Slovakia
Communications Section
Imricha Karvasa 1, 813 25 Bratislava, Slovak Republic
Tel.: +421-2-5787 2142, +421-2-5865 2142, +421-2-5787 2169, +421-2-5865 2169
Internet: http://www.nbs.sk

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